India - Rs 200 crore allocated as relief for flood-hit farmers

21.02.2024 510 views

Farmers, who lost crops and yields due to the unprecedented rains in December 2023, heaved a sigh of relief after the state government allocated Rs 208.20 crore to 2.74 lakh farmers of the southern districts. The announcement was made by Minister for Agriculture and Farmers' Welfare MRK Panneerselvam while presenting the agriculture budget for 2014-25.

Karisal Bhoomi Vivasayigal Sangamam Secretary Adhimoolam said that the state government's announcement comes for farmers in the black soil region, who have lost several acres of short-term crops to the torrential rains last December. "The government should also consider removing the ceiling for compensation to only five acres, as a large number of short-term crop farmers cultivate on over 10 acres," he said.

Another farmer said that a government order (GO), issued in December, had pegged a compensation of Rs 3,400/ acre (Rs 8,500/hectare) for short-term crops, and Rs 6,800/acre (Rs 17,000/hectare) for perennial crops. "There was no mention of revising the GO in the budget, despite several farmers flagging it as low. The Tamil Nadu government should issue a new GO with a decent compensation," he added.  

Minister Panneerselvam noted that the unpredictability of monsoon and the recurring natural calamities such as cyclones, floods, and droughts affect Tamil Nadu, jeopardising food production and the farmers' livelihoods. The state had disbursed crop insurance claim amount of Rs 4,436 crore to 25 lakh farmers, which includes claims for loss of yield during the samba season in 2022-23 and 2023-24.

In addition to the allocation of the Rs 208.20 crore for 2.74 lakh farmers of southern districts, the state government has also disbursed Rs 380.40 crore from the state disaster response fund (SDRF) to 4.5 lakh farmers, who incurred crop damages during southwest monsoon, Mandous cyclone, northeast monsoon, and the unexpected rain in 2022-23, Rs 118.77 crore to 1.85 lakh farmers for loss of yield during kharif season and Michaung cyclone, the minister noted.

Source - https://www.newindianexpress.com

28.04.2026

Philippines seeks 500 million USD for engineered bamboo development

The project is currently at the concept stage, with feasibility studies expected to take five to six months and overall preparation about a year. Implementation could begin in 2027, pending loan approval.

28.04.2026

Insurance compensation of 186,000 manats paid to tobacco farmers in Azerbaijan

To date, 186,000 manats of insurance compensation have been paid to farmers and farms in the tobacco industry in Azerbaijan.

28.04.2026

USA - Climate Disasters Are Straining Hawaii’s Insurance System

Frequent and costly disasters are driving up premiums and leaving many properties uninsured or underinsured. 

28.04.2026

Brazil - São Paulo releases R$400 million in rural credit in a record package for farmers, agricultural insurance, machinery, and land regularization

The package announced at Agrishow in Ribeirão Preto combines rural credit, agricultural insurance, land tenure regularization, mechanization, inclusion of women, innovation, and environmental actions, with R$ 455 million in investments aimed at strengthening São Paulo’s agribusiness.

28.04.2026

When will Moldovan authorities announce a call for applications for subsidizing agrarian insurance?

To date, the MAIA Ministry of Agriculture and Food Industry has not yet announced the start of the next stage of accepting applications for subsidies under agricultural risk insurance contracts concluded in the fall and winter period. While waiting for this announcement, some insurance companies are being "restrained" in the agricultural segment - they insure only livestock farms and perennial crop plantations of their regular customers.

28.04.2026

USA - USDA just doubled disaster payments, and gave farmers until August 12

SDRP disaster payment farmers 2026 just got a major upgrade. Agriculture Secretary Brooke Rollins announced on April 24 in Higginsville, Missouri that USDA is raising the Supplemental Disaster Relief Program payment factor from 35 percent to 70 percent. 

27.04.2026

India - Crop Ruined by Parrots is 'Damage by Wild Animals', says HC; Gives Relief

Holding that citizens cannot be forced to bear losses caused by protected wild animals, the Nagpur Bench of the Bombay High Court has ruled that denying compensation to a farmer merely because parrots were omitted from a government list would breach principles of equality. 

27.04.2026

The World Bank: Agri-risk management in Bulgaria

CAP has steered Bulgarian agriculture toward greater resilience, but the sector continues to suffer from an absence of a comprehensive risk management strategy and limited research on internal and external risks, the report concludes.